Short Interest in XIAO-I Corporation Unsponsored ADR (NASDAQ:AIXI) Increases By 19.9%

XIAO-I Corporation Unsponsored ADR (NASDAQ:AIXI) was the recipient of a significant increase in short interest in March. As of March 13th, there was short interest totaling 944,346 shares, an increase of 19.9% from the February 26th total of 787,591 shares. Approximately 7.0% of the shares of the stock are short sold. Based on an average daily trading volume, of 1,048,136 shares, the short-interest ratio is presently 0.9 days.

Analyst Upgrades and Downgrades

Separately, Weiss Ratings reaffirmed a “sell (d-)” rating on shares of XIAO-I in a report on Monday, December 29th. One investment analyst has rated the stock with a Sell rating, Based on data from MarketBeat.com, the stock currently has an average rating of “Sell”.

XIAO-I Price Performance

XIAO-I stock opened at $0.12 on Wednesday. The business’s fifty day moving average is $0.21 and its two-hundred day moving average is $0.64. XIAO-I has a 52 week low of $0.09 and a 52 week high of $4.40.

XIAO-I (NASDAQ:AIXI) last announced its earnings results on Wednesday, December 31st. The company reported ($1.26) earnings per share for the quarter. The firm had revenue of $5.76 million during the quarter.

XIAO-I Company Profile

XIAO-I (NASDAQ: AIXI) is a technology company specializing in artificial intelligence solutions driven by natural language processing and machine learning. The company offers a suite of AI-powered products designed to automate and enhance customer interactions, knowledge management and data analytics for enterprise clients. XIAO-I’s core offerings include conversational AI engines, intelligent customer service platforms, knowledge graph development and voice and image recognition modules.

The company delivers its solutions via both cloud-based and on-premise deployments, catering to sectors such as banking, insurance, telecommunications, government services and healthcare.